Nautica Lake Suites, Sunway South Quay
Nautica Lake Suites is a leasehold apartment located in Sunway South Quay, Bandar Sunway. There are 249 units available at this project with built-up from 1,392 sf to 1,783 sf. It was developed by Sunway Bhd with a launch price at around RM620 psf, and was completed in about 2013.
Sunway Bhd is a huge real estate company listed on KLSE, and it has constructed around 102 real estate projects in Malaysia. Other similar projects by the same developer are A'Marine, Alpine Apartment, LaCosta, Molek Regency, Opal Damansara, Sunway Court, Sunway Geo Residences, Sunway GeoSense Residences, Sunway Sutera and Sunway Vivaldi.
This apartment has many amenities nearby, for example universities, hospitals, metro transport stations and schools. The following are some main universities here:
- Monash University Malaysia
- Sunway College
- Sunway University
- Taylor's University Lakeside Campus
As for hospitals, there are Sunway Medical Center, Sunway Medical Centre and Sunway Medical Centre Tower C. There are also some metro transport stations here, i.e. BRT SunMed and BRT SunU.
The current market prices for Nautica Lake Suites are from RM750,000 to RM940,000 (about RM520 psf); while the monthly rentals are from RM3,100 to RM3,500 (about RM1.96 psf). The highest median price psf ever recorded was RM826 psf in Q4 2011; while the lowest one was RM488 psf in Q3 2012.
The current rental yield of Nautica Lake Suites is around 4.08%, compared to 4.2% a year ago in Q3 2018. The highest rental yield ever recorded was 8.31% in Q2 2013; while the lowest one was 3.8% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Nautica Lake Suites is 3-bedroom / 1,783 sf with a median price of RM520 psf. For price wise, the most expensive one is 3-bedroom / 1,392 sf with a median price of RM590 psf; while the cheapest one is 3-bedroom / 1,521 sf with a median price of RM490 psf.
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